Recently, the price movement of SOL has shown a pattern worth following. On the 4-hour chart, we can clearly observe an important market signal: after a spike and pullback, the price experienced a rebound but encountered strong pressure at a key resistance level, unable to break through above.



Currently, all technical indicators are showing bearish signals, which is undoubtedly a warning sign. Investors should not be misled by short-term rebounds, as the resistance is so evident and the overall trend clearly leans towards bearish. In this market environment, investors need to stay clear-headed, recognize the overall trend, and avoid counter-trend operations.

Based on the current market conditions, subsequent operational strategies may need to be more cautious. Especially in the price range of 195-200, there may be better short-selling opportunities, with the expected target price potentially dipping to around 180.

However, the market is always full of variables, and investors should conduct comprehensive analysis before making any decisions, and develop a trading strategy that suits their own risk tolerance. At the same time, they should always follow market trends in order to adjust their strategies in a timely manner.
SOL2.51%
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Anon4461vip
· 3h ago
Profit and loss are at your own risk!
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YieldHuntervip
· 08-15 10:31
meh... technically speaking the risk-adjusted metrics don't lie. sol's just another ponzi waiting to dump
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LightningPacketLossvip
· 08-14 18:51
Don't believe that short positions won't fall~
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VCsSuckMyLiquidityvip
· 08-14 18:50
Master Kong is right.
View OriginalReply0
RektButStillHerevip
· 08-14 18:50
Early shuttle, early liberation.
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PanicSellervip
· 08-14 18:49
The monthly loss is 30w, the sales are really good.
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MemeEchoervip
· 08-14 18:46
Just do it, why think so much?
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Hash_Banditvip
· 08-14 18:42
seen this hashrate pattern before... smells like a bear trap tbh
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